Shares of Paras Defence and Space Technologies Ltd nudged higher on Friday, before giving up their gains. However, a couple of brokerage firms believe that the aerospace and defense player is headed for a decent rise in the near-term based on its technical charts and rally in the other stocksRead More

The state-owned REC Ltd signed a memorandum of understanding with the Bank of Baroda to jointly offer loans for power, infrastructure and logistics projects for a duration of three years, the power ministry said in a statement. The MoU was signed on January 3, 2024. “By pooling resources and expertise,Read More

The government is considering introducing a minimum time limit for a transaction beyond a particular amount happening for the first time between two persons to curb rising instances of digital payment frauds . As per a report of The Indian Express, government officials said that the plan likely includes aRead More

Photo © Getty Images Image © KeVeRThe sovereign funds have been seized by the West as part of Ukraine-related sanctions Nearly $300 billion worth of Russian forex reserves have been frozen by Western countries since March 2022. The EU has been looking into ways to legalize tapping profits from thoseRead More

Bullion finished 2023 at $2,063 an ounce, climbing more than 13% year-on-year Gold prices are expected to rally further in 2024 as lingering uncertainty about the prospects for the global economy spurs safe-haven demand for the metal, Reuters reported this week, citing industry experts. Bullion finished the year at $2,063Read More

Shares of State Bank of India (SBI), India’s largest public sector bank, in terms of assets, deposits, branches, number of customers, and employees, have delivered minor returns this year. The stock has risen 5% in 2023 and is up 4.56% in a year. However, the banking stock has risen nearlyRead More

Mid cap company operating in engineering sector, Techno Electric & Engineering shares hit fresh 52-week high soon after it informed via BSE filing about receiving new order worth 1750 crore. Current market price of Techno Electric share on BSE is Rs 804.75 per share with intraday gain of 2.78%. TechnoRead More

The Mumbai-based real estate developer Suraj Estate made a weak debut on the stock exchanges BSE and NSE on Tuesday, December 26. On BSE, Suraj Estate listed at ₹343.8 apiece against the issue price of ₹340 – ₹ 360 . The stock started its trading journey at ₹340 apiece onRead More

As the string of layoffs in 2023 continues, Paytm’s parent company One 97 Communications has decided to fire over 1,000 employees across various departments in an effort to cut costs across the company, reported the Economic Times. Paytm is in the process of realigning various businesses and thus, is lookingRead More

Indian markets snapped seven-week gaining steak and ended lower with a cut of around half a per cent in the last week amid profit booking at higher levels. This week investors will be eyeing key events such as the F&O December series expiry, India’s fiscal deficit, current account deficit, depositRead More